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Xpand_Rewind Day-49

In Privilege one can increase Sum Assured starting from _______ policy year at each policy anniversary date.

5th

6th

7th

8th

In Privilege the option to increase Sum Assured is not allowed after the Life Assured has attained the age of ____ year (last birthday).

Mr. Sharma had opted for a Privilege plan with Sum Assured 20 times of annual premium, he is paying monthly premium Rs. 30000/-. His Current Fund Value is Rs. 590000/-. His current Sum at Risk is:

72,00,000

59,00,000

66,10,000

5,60,000

Mr. Sharma was told at the time of purchasing the Privilege plan that the plan provides guaranteed additions for in-force policies; from which policy year will the Guaranteed Addition starts:

From the beginning of 9th policy year till maturity

From the beginning of 8th policy year till maturity

From the end of 8th policy year till maturity

From the end of 9th policy year till maturity

Privilege Plan is a___

Participating Unit Linked Plan

Non-Participating Traditional Plan

Non-Participating Unit Linked Plan

Participating Whole Life Plan

Non-Participating Whole Life Plan

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